Dear Surfer friends, good morning to all of you, let’s take look at the market.

How did it go yesterday?

A beautiful descent was the most prominent thing from yesterday where EURUSD tried to taste the 1.0800 support which, obviously, it is not good. Our signal has been cleared to its natural end.

Technical analysis

Between yesterday and today the price has regained strength and is above the 1.0900 level where it is insisting behind a trendline resistance. However, the DP, which is significantly lower, has not yet been tested and the triad DWM doesn’t give us a clear direction.

Plan of the day

Of course, we will be focusing on the trendline resistance but we will take into account both the failure of testing the DP and the G7 meeting .

Relevant economic news:  

ALL G7           Meetings

2:30pm    USD Unemployment Claims

Surfingthepips staff wishes you all a fruitful day.